IfI were to buy a simple residential homein Thames Ditton for cash and dispense with a survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Thames Ditton?
The sole saving you would make on is the disbursement for searches. The property lawyer is required to do the vast majority of work - money laundering, communicating with your vendors conveyancing practitioner, SDLT return, register the title etc. You might save a bit for them not needing to register a mortgage however it will not be a lot.
The Thames Ditton conveyancing firm that just started acting on my purchase in Thames Ditton have without warning closed. They were on acting for me because I needed a lawyer on the Bank of Ireland conveyancing panel and my preferred Thames Ditton lawyer was not. I paid them 275 plus VAT on account. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Bank of Ireland conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
I note that there are debates on Chancel Insurance on online forums. Do I require this when purchasing a property in Thames Ditton? or I am told that there is an ancient law that means some house owners residing in a parish church boundary may be liable to contribute towards repairs towards the chancel within the church. Is this appropriate for conveyancing in Thames Ditton?
Unless a previous acquisition of the house completed post 12 October 2013 you could expect conveyancing practitioners conducting conveyancing in Thames Ditton to remain recommending a chancel search and or insurance against a claim.
Me and my brother purchased a 4 bedroom Victorian house in Thames Ditton. Conveyancing lawyer represented me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the matching address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Thames Ditton and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing solicitor who conducted the purchase.
I am looking for a flat up to £195,000 and found one close by in Thames Ditton I like with a park and transport links nearby, the downside is that it only has 52 years on the lease. There is not much else in Thames Ditton for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you need a mortgage the remaining unexpired lease term will likely be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
I only have 68 years unexpired on my flat in Thames Ditton. I am keen to get lease extension but my landlord is can not be found. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to demonstrate that you have made all reasonable attempts to find the freeholder. For most situations a specialist should be helpful to carry out a search and to produce a report to be accepted by the court as evidence that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer both on devolving into the landlord’s absence and the application to the County Court overseeing Thames Ditton.
My wife and I have hit a brick wall in trying to purchase the freehold in Thames Ditton. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most definitely. We are happy to put you in touch with a Thames Ditton conveyancing firm who can help.
An example of a Lease Extension case for a Thames Ditton premises is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case affected 1 flat.